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tv   Fast Money  CNBC  July 25, 2013 5:00pm-6:01pm EDT

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we're watching amazon.com shares trade lower. the rest of the market today not bad. could see some buyers come in today. dow jones industrial average finishing strong. nasdaq is up 25 points. s&p 500 up about four points. thanks for being with me. i'll talk to you on facebook and twitter. stay with "fast money," it starts right now. from new york city's time square, i'm melissa lee. our traders -- get straight to the story. amazon reporting earnings that fell short of the street's expectations continue to spend big money in tech and content. the stock trading violently in the after hours session. down 5%. it is lower right now. amazon is already up 40% so far this year. so what is the trade at this
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point? >> i just pulled up a five-year chart in amazon. every dip you see on this chart has been bought. it's been the right thing to do. i still think it's the right thing to do and it's judging coming out of earnings it doesn't matter. >> what? >> it's about -- it's still priced as a growth stock. when it gets prices as a value investment that's when you want to sell it. you have amazon web services. the biggest retailer the world knows. now, you have to buy it on those things. it's a tech stock, a retail stock. >> quhi are we willing to say we'll trust it will keep growing and we let it spend and spend and let margins go down and down. >> i think steve -- if it was about earnings with amazon the stock should be trading $150. these earnings were not good and the guidance was worse. my premise with these guys have
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been as long as their operations continue to improve, i think the stock is worth owning. giving this report this stock should be trading 280 and it's not, which should tell you something. i think you continue to own the stock. >> bears up always. when you have a problem with the -- they keep investing and pushing out that bait that they'll finally be probable. they didn't. this would be a book seller on the internet. be a $25 stock. this has always worked in their favor that the investment community has given them the benefit of the doubt. that being said, i don't love the action and the chart going into tonight. i see them spiking up around 300, 302. truthfully, i think you will get it at guy's level at 280. i think it's going to have to revisit. this report does not justify the next 50 points in the stock buy. >> whether r or not you believe that eventually, these margins are going to continue to be able to expand they are investing,
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reinvesting in their company. investing for the future and that's the pass they're getting. as how you trade it, trading around 300 right now. i think if you see this thing spike higher tomorrow you buy it on momentum because that's what wr the investors are going to say we still believe this story. if it doesn't, then you have to wait. >> the chart is not, to josh's point, the chart is not without its own hiccups. this stock has been known to sell off 20, $30. >> it's lacked the cues from the beginning of april to july. >> you have to have the stomach to begin to play in this game but consistently the dips have been long. >> google -- >> no because this is a stock that everyone hates. it's universally hated across the stream. for me to buy it here i would wait the three day rule. >> josh? >> i would just say you have a better opportunity to pick up google, which is now revisiting its 50-day.
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you've had a really nice pullback. that's the easier buy to make. amazon, they haven't even gotten started on the conference call. we don't know how the street will react tomorrow to get another quarter's worth of losses, so i would just hang hang back. >> 305 i don't think you save that momentum because i think the stock will -- >> can't we say -- >> because it's the same buyer that's sloshing money back and forth between these same five or six names. that's what drivers that margin at the end of the day. they can do no wrong. they will never sell. let's forget about those guys. the guys are going to take this to a new high. i think they'll be more tempted by a name like a google. >> and google again is another one of these companies that's
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reinvesting for the future. >> but much much cheaper. 20 multiple. >> now, we're getting into trading versus angelalysisnalysis. google probably at a point where you're a little safer. >> if you're using that then you'd want to use that 875 level. it's got to hold that level, so if you're going to start wibuying google at these levels, just wait a little bit. whatever. but wait, don't rush in. >> let's get more on the amazon story. bring in bob at sun trust. bob, great to have you with us. >> yeah thank you again for having me. >> on the conference call what would you ask the team? >> couple of things. there's two big numbers that investors will look at. one is unit growth, which is 29%. the street was looking for around 20% and that's where it's been and third party was again 30% of total unit. two very big numbers. particularly, the unit number. you started to see that fall
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materially. those are two big numbers that just came out. big question going forward though is going to be are you going to see more of a build out in cost and data centers. you saw cap ex was a little high and all this near turn same day shipping swen shipping as well as content cost -- up 35% year over year. some of their media streaming. >> in terms of the contest calls, netflix, for the gains -- amazon has shown -- is that the concern here? >> their argument and the bull argument is that you get your payoff. they're hoping that -- so they don't charge for the media
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streaming. >> they're now guiding toward operating loss between 440 million and 65 million. the street was probably looking for a profit of like 11 cents. how do you think that will this is q3. how do you think that will be taken in the share price itself? >> i think that's probably an issue why the stock's off ten bucks or so. the midpoint of that, what they call the consolidated operating income is about positive 1075 so that number's around 200. we were looking for 300. the 1% margin we were looking for about 2%. i think that's the one sticking point. the one thing i would add is that they guide low on that and the range is so wide you could drive a truck through it. >> how do you get your price target of 270? you said next quarter they seem like they're potentially sandbagging. what are the metrics that get you there? >> we look at a couple of
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different things, ebita, 20 times multiple on that. free cash flow going north of 30%. we'll also do a sum of parts analysis on it and an earnings multiple. we look at an average, it's up to around $370. >> bob, we're going to leave it there. thanks for your time. mike i want to go to you for the trade. how did you see the position going into the support? >> normally this thing moved around ninth on earnings. be a little complacent actually, this time coming in only expecting about a 6%. i heard he was saying and i've heard a will the of people refer to justification on multiple as free returns on cash flow or ebi trk a. this is a company about half the size of walmart. you throw those on growth quarters and it's hard to imagine. >> how do you address that?
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plus the fact that amazon was five years ago -- now saying it's going to match with an online prices. >> when you look at amazon web services if you look at it online, there are businesses that could -- so i think cloud business is going to be big for them. they're testing new markets with groceries. >> another market flash here. been watching expedia. huge moves in the after hours session. >> we are watching expedia here the online travel agency reports adjusted eps of 64 cents on 1.21 billion. that was a disappointment. the street wanted to see 79 cents on 1.26 billion. sales and marketing costs here jumped 33%. gross bookings at 10.12 billion.
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that was a miss. management saying we knew we were facing q2 head winds and those we expected as well as some we didn't materialize. back to you. >> thanks for that. not often you see a move of 26% lower in the after hours session. the problem here is that a lot of the data going into this quarter seem to be favorable by -- for expedia, the com score data was very soft. >> if it's expedia specific, priceline is aloud, so this is clearly shoot first, ask questions later. priceline would probably be interesting at some point. >> i don't understand any of these stocks. these are some of the best, biggest winners. off the top of my head and i don't even use that. i don't know how these companies
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can sprefr their profit margin over a longer period of time. i just really wouldn't want to wait. >> investors are saying this is a sector wide issue here. down looking at priceline down this is not just expedia centric. that's what they're saying now. if that continues into tomorrow even if you're in profits, you have to take some of those profits and let them rest for a bit. >> before break, let's get a check of another name. temper sealy. lower on guidance for the full year. also a check on natural resource. a money company reporting an earning of 82 cents. coming up next, it's not just amazon. zynga also falling here on disappointing outlook. the latest fresh from the conference call right after this. sfrz
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julia? >> this is the first time that zynga's new ceo has talked about his vision for the company. he kicked it off by saying there's a massive market opportunity for zynga and that the company is living out of growth that other companies like apple are seeing. he warns investors he anticipates two to four quarters of volatility for zynga as he gets the company back on track. one big surprise that the company is talking about now is the fact they've decided not to pursue real money gaming here in the u.s. that's something that wall street analysts thought was going to be a big source of growth. the company's chief operating officer is speaking now saying it was a decision that comes down to the fact they want to focus on their areas of strength and on the free gaming and the social casino category, but not introducing real money. i'm sure there are going to be a lot of questions about this. i also just want to note that
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former ceo chairman kicked off the call stressing who it was to bring don on board. we're going to continue to monitor the results were mixed, but still showing users were very curious to hear what his plan is over the next 60 to 90 days. back over to you. >> thank you julia. down 12% in shares of zynga. again, pulling the plug on the possibility of north american online gaming which was the holy grail for a lot of -- in particular, another hit. >> that was like the saving grace. let me give you the only statistic that really matters. one year ago, this company had 72 million users. that number is now 39 million. a 40% drop off in the customer base. the people that can afford to be online and spend money on virtual goods, jobs this thing -- >> money. >> it's like a melting iceberg and it's you know, this guy was brought in his vision sounds
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great. he was brought in to sell the company and he better sell it soon because with an erosion like that of a customer base, i don't know what it will be like a year from now. >> 60 to 90 days julia says we should learn more about his plans for the company. how do you think this is going to be played out in the ongss market. >> the stock is kind of an option in itself. this is a company that's going to see a 30% year on year top line revenue decline. there really is no hope. we saw the stock announced there was going to be a real possibility in europe. this is putting some cold water on that whole concept and i don't see what the hope is. he's saying they are underperforming. not growing like everybody else. they're shrinking. >> let's get to our top trade for the day and that is none other than facebook. all the way around the street and rallying more than 28%. just four bucks away from its
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ipo price. facebook is one of kevin landis' top holdings. kevin, it's always good to see you. >> good to be here. >> we were talking yesterday about facebook and whether or not it would go up to the i prk o price. there was a notion that shareholders would sell at 38. would you be inclined to sell and take some profits at this point? >> well, you know, if we were selling, of course we wouldn't telegraph it on tv but generally speaking there's this psychological anchoring to what you pay for something that it shouldn't really bias you. what you should be looking at is do you like this better than your other investment opportunities. and clearly, a lot of people think there's an upside to facebook. >> what is that upside at this point? >> i think if you look at the
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migration from advertising and traditional media into online the question is how can the share be broken up? we know a ton of it goes over to google and that's just a cash monster. but what we don't know yet is how much will flow to facebook and twitter and we think the short answer is more and more and so there's still a lot of this new media -- to go on. that's the real growth driver and you have to put numbers to that and figure out what you're willing to pay for it. >> what is it about facebook that you saw that says they are going to continue to gain market share. they haven't been able to execute since they've been public. then they beat the street. why now? >> i think facebook has made the case that they're transitioned from the desktop flatplatform to a mobile platform is working.
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they had to go and put their thumb on a scale on any quarter, but it's a credible story every quarter that they're getting more and more of their revenue from mobile and frankly, another quarter goes by and there's not really a credible -- there is no pepsi to this coke. they're pretty much the social network and that gives them the ability to over time, get it right and monotize this. and you know that just leaves you to wondering would you rather know what people are looking for in advertisements on google or know lots more about this em. >> hold on. no pepsi to this coke. you have a major stake in twitter as well. >> right. >> top holding in your fund. is twitter not pepsi to the coke of facebook? >> good point. it's about as close as you're going to get because when you
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talk about what facebook needed to do, to get mobile strategy, you find yourself describing something that sounded maybe a little bit like twitter, but i think they're different. people go to facebook to stay in touch with their friends and it's more of a long lasting relationship thing where as twitter's more of a stream of consciousness, but the key thing is that they're both terrific at getting to relevance so that you don't have to see that super bowl ad that people who don't drink beer you pay to reach all of those people every year at the super bowl. >> kevin, let me just jump in. i'm actually long google. i'm not long facebook. if you had to be long one, obviously, you're choosing facebook, but for me the longer trade, the base that you're offered is a lot -- do you disagree? >> google is much further into their story, so they've had time to flush it out and show they've worked. i can still remember when they
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went public and people saying well, it's just a search engine that's been tried before. but no longer. actually, it's an incredible ad play. early in the facebook story now, you haven't really seen what they can do with it. if you want safety google. if you want upside facebook. >> thanks for your time. we are halfway through earnings season today with quite a few misses out there. find out why john rogers says to stay optimistic. plus we will have your first comment from congress on the latest indictments against sac capital. chuck grassley of iowa will be our guest, next.
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listen to what the u.s. attorney leading the charge against sac said today. >> sac traffic and inside information on a scale without any known precedent in the history of hedge funds. sac became over time a variable magnet for market. the sac companies operated a system that appeared to cut the cost, walk the walk and that is why today, the institution itself rather than just individuals stands charged with wire and securities fraud. >> we are joined by senator chuck grassley ranking member of the senate finance committee and a man who has previously looked into sac's trading activity. thanks for your time. >> thank you very much. >> sac capital has been in your cross hairs for quite some time.
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you wrote a letter as far back as 2011 saying investigate sac. we learned today from the u.s. attorney that this pattern of activity happened over a span of a decade involved at least 20 stocks. why do you think it took so long for these charges to be brought? >> i don't think it's just one company. i think there's been an attitude in bureaucracy and i wouldn't want to say it's just in this administration. it could have been in other administrations, that somehow, you shouldn't touch the so-called big fish on wall street. and we have evidence of that the last time i had an opportunity to question attorney general holder and he was very candid about this. i said we've been hearing that you don't want to really prosecute in a criminal way big companies or big individuals because it could upset the whole financial system of the united
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states and that you have been consorting with certain, consulting with certain quote unquote experts and do you do this and he candidly said, yes, they do have that fear. now, maybe a lot of people have been getting off scot-free that should have been charged previously because of this, so i'm very happy to see what the justice department is doing in regard to sac. and the reason for that is maybe this is a change of environment. now, i know we have to give benefit of innocence to anybody, any company being charged, but at least they're taking a necessary step if they think there's wrong doing. >> right. at this point, since you say that mr. holder seemed to have turned some sort of a blind eye this to going on, because the
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fear that it would disrupt the financial system. is there a place at this point for investigations into why they were turning the blind eye? should the spotlight now fall on the sec itself perhaps and other regulators out there? >> as you indicated a couple of years ago, i wrote a letter and had an opportunity to talk to chairman woman white in my office before her confirmation and she signalled to us that she was going take an aggressive action, that she wasn't afraid when there were settlements, there had to be admittance of wrong doing, so now, the actions the sec has taken in a civil way i think shows the new environment here as well. the whole idea isn't to just get people that are wrong doing. you want to send a signal to others that might be doing wrong doing that you'll stop or you prevent it in the first place. >> have you talked to mary shapiro owe?
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you wrote that letter to hear two years ago as to why she wasn't more aggressive and why this didn't fall on her watch. >> well, you know when miss white comes before me they're waiting to be confirmed, you get their attention more. i don't think i'm going to bother mrs. shapiro because she isn't in a position now to help in any way. i think we've got to deal with the people that are in place and i'm very happy with the actions they're taking and it may send signals, ripple through all of wall street that this sort of insider trade, this sort of criminal activity by corporations won't happen again. it's going to happen less for sure. >> at the same time, the reporting done by our staff here at cnbc indicates that everything is proceeding normal they are trading as normal that other banks are doing business with them as normal. is that really sending a signal to main street out there?
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wee got these fwis and things are going to change if they're not changing within sec capital. >> it takes a while for these things to soak in, so i wouldn't draw any immediate conclusion of what this is going to do. in fact, i think that it's going to be a very positive signal that when big companies like this get charged criminally you know look back over the history of several years. not just this administration. they found trouble here within the last year of charging some subsidiary in japan of criminal activity. so this is a big thing that has happened today. i think it will have a positive ripple effect. >> do you think that sac should be at the end of the day, forced in some way to be shut down? based on the alleged trading that has gone on? >> you know maybe i should say yes. but i'm not going to say yes.
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because i'm a legislator and i'm, we pass laws and then what i'm doing in investigating is what you call oversight, to see that the other branch of government faithfully executes the laws so at this point, i'm going to leave it up to the executive branch and i'm going to be a critique. i'm going to oversee it. what you're asking me about today is a step in the right direction and i'm going to i think i better let the legal process take its course. >> there are reports here that the u.s. is going to seek the forfeiture of $10 million. you don't necessaryily want to weigh in on this but from a government that basically turned a blind eye to this thing to $10 billion, it's quite a swing of a pendulum. >> that's why i keep say ng this
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interview that i think is going to have a positive ripple effect. i'm not going to say whether it ought to be this or that amount of money. the only thing i've said over the past ten years in regard to a lot of these fines is that they're able to write them off to the cost of doing business. you have a billion dollar fine, you're probably only talking about $650 million. i think we have to deal with it in congress. should this be a cost of doing business? because some of these big firms, regardless of talking about hundreds of millions it might not be enough it might not be enough if it's just the cost of doing business. to do wrong doing and then pay for it. >> senator, speaking of congress, what are the next steps for congress? will we see hearings at this point hedge fund managers including steve cohen will have to answer to members of congress like you? >> well i'm on the judiciary
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committee and that's where we have it as far as the justice department is concerned. you probably want to ask people on the banking committee because they have jurisdiction over the sec, but i continue to do my oversight work and you say committees should look into it. i'm in the minority. i only need one vote to do that. my own vote. but when you're in the minority the democrats in the senate are going to make the decision you're asking about. if you're asking me should i suggest to them that they ought to be getting in -- >> i'm asking you would you suggest that? >> oh, the answer -- i'm sorry. the answer is simply yes, i would. >> you would. you would like to see this happen. it was a pleasure speaking with you. thank you for your time. we appreciate it. senator chuck grassley of iowa. he's very diplomatic even though sac has been in his cross hairs for a long time. >> your question, they seem to be operating business as usual.
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i thought his answer was fair. >> it's clearly to me hasn't been disrupted to the market in the least amount that i can ascertain ascertain. until we know more fact, i think it's just business as usual. >> i think it's ambivalence in general. it's interesting. not necessarily the professional community, but retail investors, it's hard to get them to get fired up. >> they don't understand how it affects them. >> we're not really event driven. the whole thing alludes me as to why anyone would do this. these guys are billionaires. what is the difference. a, it's hard to picture how it affects them? somebody with $200,000 in an ira rollover doesn't look at it as though he's competing in a trade versus -- that's where that
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comes from. >> let's go to scott. more news on sac. >> melissa, you asked senator grassley if he thought that sac should be shut down because of this. and yes, he gave a diplomatic response, but let's be clear. if the u.s. attorney is successful here sac almost certainly will be shut down because we've been talking about the five criminal count indictment. another portfolio manager pleading guilty but here's this separate piece of it. this is the civil forfeiture complaint filed today by the u.s. attorney that basically alleges money laundering and seeks in the words of this complaint, any and all assets so how do they get to money laundering in all of the assets of asac capital? it's on page 29 chapter 49. the criminal conduct of the sac
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defendants did not end with the trading scheme. it continued when the illicit profits were knowingly comingled. so, they make the money off of insider trading, allegedly, then it filters through the firm so all of a money according to the u.s. attorney to the indictment in the criminal complaint, all of the assets are tainted. so he is going after everything and as he said today, the investigation is not over yet. the southern district of new york is often called the sovereign district of new york. the money laundering and the asset forfeiture has to go through main justice here in washington. that's the procedure. how it works through. so washington has a hand in this. the u.s. attorney in new york has a big hand in this but they are going for everything here. >> and let's be clear about this. when you say they're going for everything, that includes capital that technically belongs
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to investors right now. that's also subject to be forfeited. >> it includes all of the assets and assets that were converted to something else so it's also, it's capital in the funds. it's real property. his homes. that potentially could be affected here. it's anything they can successfully tie to the alleged broth. now, there's a whole range of things that have to happen here. a criminal trial. a civil forfeiture trial, but these are big guns here. >> scott, thank you. after the break, spain's stock picker joins us to lay out where he's putting his money to work and he will name some names that just might surprise you. take another look at amazon shares. the stock is down 2% at this hour. stay tuned. here at fidelity, we give you the most free research reports customizable charts, powerful screening tools and guaranteed 1-second trades.
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starbucks also raising its full year earnings guidance. >> thank you. up 6.5%. guy, street bought this one yesterday. >> against my -- nathan. at risk reversal and my argument was that their prugt mix has changed, which should lead to improved operating margins, but seems to be what's happening. tomorrow, you don't chase this. today was the trade. you don't chase it tomorrow. but the stock has performed. people want to shoot against it on valuation. that's been wrong. they continue to fall. margins getting better. the stock seems to be in tact. >> there is no other starbucks. there were smaller chains but they've been acquired. this is the only game in town for this kind of thing. i have no idea how they do this quarter after quarter. not only are they growing operating margins, comp sales, but they're growing it. that's why they're willing to pay up 25 times earnings for this name. >> stocks fluctuating this week
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as investors weigh mixed earnings results. could now be the right time to buy? for more let's bring in john rogers. also the manager of the ariel fund. both by the way outperformed the s&p 500 last month. always great to speak with you. your top picks are all in the financials and sort of leveraged to deal making and things picking up in the economy. are you generally bullish on the stock market? >> i am. i think the deals are just starting to happen and it's really showing you there's a lot of value in this market. >> what's going to propel this deal making because cash has been on the balance sheet for quite some time across the board on companies, so what's going to push them off this sideline to go ahead and make these deals? >> i think boards and directors are getting more competent with this economic recovery so they're willing to put that money to work. finding bargain stock, industries that are out of favor and they realize when they make acquisitions today, it's kind of interesting. not only does the acquired
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company go up, but the aqui ree is going up as people realize great bargains are out there. >> i noticed one of your top picks is janetice, which got killed today. how are they going to turn around? is the story average just so bad it's got to get better? >> partially. it's done a good job as the relatively ceo. becoming more diversified. got fixed income to go to traditional brand rapids so we think it's the bad news is out of the way. the stock is extremely cheap relative to other publicly traded companies like price or franklin resources, so it's bargain priced well managed and a lot of upsides. >> why do you like a name like la saturday or bigger banks that could stand to benefit from deal making?
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personal service, but also has a global brand and the capacity and the capability to do a great job, so we think of all these deals happening. lazard is really in that sweet spot and we think they're going to be well positioned for the feature. sxwl within that context green hill sort of falls under that. >> we have done a lot of work there. we think they're a terrific company. they don't have quite the global brand or diversification lazard brings. lazard is terrific when it comes to emerging markets and international asset management and also they have a restructuring business in case the economy does falter they have great recuring revenues. >> thanks for your time. appreciate it.
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>> thank you. >> john rogers. after the break, the latest from the amazon conference call and we're keeping you up to the minute on all the big after hours movers including expedia, zynga and much more. stay tuned. h this is lame investors could lose tens of thousands of dollars on their 401(k) to hidden fees. is that what you're looking for like a hidden fee in your giant mom bag? maybe i have them... oh that's right i don't because i rolled my account over to e-trade where... woah. okay... they don't have hidden fees... hey fern. the junk drawer? why would they... is that my gerbil? you said he moved to a tiny farm. that's it, i'm running away. no, no you can't come! [ male announcer ] e-trade. less for us. more for you. "first day of my life" by bright eyes
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an update from the amazon conference call, john fort. >> lots of questions in a round about way, amazon's cfo, saying we could reach double digit margins, but we're not really focused on that. but we want to generate free cash flow and use the capital efficient. we're going to do some things with hardware and software and invest. we have what are we going to see some profit. >> thank you very much. all right. double digit margins are possible. >> you know that's like saying i don't really care about my p and l. it's the process i put into it.
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all that matters if you make money, that's it. everybody else is looking at margins, cares about margins. they need to care about margins. >> next trade here, specialty gas maker says it has adopted a new plan sending the stock to new highs. the company could be a takeover target for bill ackman's square. mike, apd. activity here? >> there was some. this is not -- seen on activity. probably trades less than five contracts a day, but today, we saw more than that. traded about 20,000 contracts overall and that represents nearly half of the open interests before today's activity. the most activity contract before the end of the day was the 105 calls in august. people were paying about $3.60 for those. those that believe the stock would be 109. but at the end of day, a lot of activity in the 110 calls. that trading about two minutes
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before the close. for the most part i think options traders provided -- that's what they were doing. >> thank you mike. still ahead, a look at some of the biggest movers and shakers. stick around. ♪ ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ ♪ all on thinkorswim. from td ameritrade.
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not so fast. our traders are quick, but they're not always right. >> the negative here is that it's up huge. 80% year to date. and even more if you go back further. but, we can be constructive here because valuation wise it's not completely absurd. the lynch pin here is earnings cash flow. it's not hype anymore. >> stock is down about 11% since that call. we're snickering because it's the same exact outfit you wore. >> it is. >> the same tie. >> for you, the it's like the red. >> that tie is connected to the shirt. >> i rock a lot of blue on the show because it brings out my eyes. let's talk about the stock at hand.
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so you have these solar stocks going into may, into the whole taper talk. effervescent as -- and then everything speculative got beaten. you can see it on the chart. they're going to report in early august. this company has been beating expectations, they have a lot of projects in the works and it's traded at a 14 forward multiple. i think it's cheap. the solar trade continues to work especially with crude oil being up high where it is and kind of sticking around. i still like the name. this tie is killer. >> it's killing it. all right. >> 100% rayon. >> got it at century 21 so you know it's good. >> time for pops and drops. big movers of the day. up 7%. >> this stock is is way too volatile for me but if you want to be in it i think you buy on a break above 90. 2011, recent low down to 67 that's a huge way to go on the
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downside. buck 90 though i think it breaks out to me. >> nice results, but you know the multiple's not so nice. this is a company that's not been growing its top line. tradeing about 25 cents. to me that's a little bit rich. despite the good news today, i'd avoid it. >> we're going straight to the pops and a zee ra donkey. born to it is had a little trouble blending in but officials aren't sure what to call this very special breed. >> i once owned this on zynga. >> some feel the debate over his name is simply redonkulas.
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what do you drive? i drive a ford fusion. who is healthier you or your car? i would say my car. probably the car. cause as you get older you start breaking down. i love my car. i want to take care of it. i have a bad wheel - i must say. my car is running quite well. keep your car healthy with the works. $29.95 or less after $10 mail-in rebate at your participating ford dealer. so you gotta take care of yourself? yes you do. you gotta take care of your baby? oh yeah! what makes the sleep number store different? you walk into a conventional mattress store, it's really not about you. they say, "well, if you wanted a firm bed you can lie on one of those. we provide the exact individualization that your body needs. oh, yeah! once you experience it there's no going back. don't miss the final days of our summer closeout for the biggest savings on all sleep number memory foam and iseries bed sets. only at the sleep number store,
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wg joshua brown. >> i like ford. >> in the words of james taylor go down to mexico. buy it. >> steven. >> google on weakness but $75.
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>> guy. >> bx black stone. >> thanks so much for watching. see you tomorrow at 5:00. don't go anywhere. "mad money" with jim cramer starts right now.. >> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's also a bull market somewhere and i promise to help you find it. "mad money" starts now. hey, i'm cramer. trying make a little money, my job is to not to just entertain you but to make you money. call me. this market loves to change its stripes the way we might change the channel on
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